Picture this: You never have to say yes to a project you’d rather refuse, just for the money. Understanding the costs to run a creative business is one of the first steps to reaching that level of empowerment. Plus, it helps you set appropriate prices for your work or time. There are five steps to the budgeting process, and we’ll walk through them in detail, including a few key points to make the process easier along the way. Participants will leave with a realistic, sustainable budget to support their creative goals.
As part of this workshop, participants will:
List the five-step budgeting process.
Apply the budgeting process to build a business budget.
Connect the budgets to personal, creative, and professional goals.
Speaker Bio:
Elaine Grogan Luttrull, CPA-PFS, AFC® is the founder of Minerva Financial Arts (www.minervafinancialarts.com), a company devoted to building financial literacy and empowerment in creative individuals and organizations. Her workshops and presentations have been featured nationally by the DeVos Institute of Arts Management, Americans for the Arts, the Arts & Business Council of New York, the College Art Association, Playwrights of New York, the Lark Play Development Center, Theatre Communications Group, the Pew Center for Arts & Heritage, the Juilliard School, the New England Conservatory of Music, Rhode Island School of Design, the Ohio Art League, the Ohio Arts Council, the Indiana Arts Commission, the Kentucky Arts Council, Delaware Division of the Arts, the Greater Columbus Arts Council, the City of Bloomington, the Broward County Cultural Division, and the Foundation Center.
Elaine teaches at the Columbus College of Art & Design, where she served as the Department Head for Business & Entrepreneurship from 2014-2018. Previously, Elaine served as the Director of Financial Analysis for The Juilliard School and in the Transaction Advisory Services practice of Ernst & Young in New York.
Elaine is the author of Arts & Numbers (Agate, B2 2013), and she contributed regularly to Professional Artist magazine. She is based in Columbus, Ohio where she serves on the boards of the Short North Alliance and Healing Broken Circles. Previous board service includes Social Ventures and the Financial Therapy Association.
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